Newspaper Archive of
Farmers Independent
Bagley, Minnesota
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November 2, 2011     Farmers Independent
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November 2, 2011
 

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Wednesday, Novembe r 2:20 ! 1 FARMERS INDEPENDENT, Bagley, Minnesota - Page 11 Continued from previous page .... A SUMMARY BALANCE SHEET OF GOVERNMENTAL FUNDS DECEMBER 31, 2010 Cash and pooled investments ..................................................................... $ 1,013,357 Investments ................................................................................................. 1,288,041 Taxes receivable- prior .............................................................................. 99,051 Special assessments receivable - prior ...................................................... Accounts receivable ..................................................................................... 20,992 Accrued interest receivable ........................................................................ 11,136 Contracts receivable .................................................................................... Due from other funds .................................................................................. 4,091,707 Due from other governments ...................................................................... 63,737 Inventories ................................................................................................... Special assessments receivable - noncurrent ............................................ Total Assets ........................................................................................ $ 6,588,021 Liabilities and Fund Balances Liabilities Cash overdraft .......................................................................................... $ Accounts payable ...................................................................................... 74,587 Salaries payable ........................................................................................ 50,641 Contracts payable ..................................................................................... Due to other funds .................................................................................... 38,607 Due to other governments ........................................................................ 18,397 Deferred revenue - unavailable ................................................................ 82,015 Total Liabilities ................................................................................. $ 264,247 Fund Balances Nonspendable Inventory. ................................................................................................ $ Restricted for Boat and water safety ............................................................................ 1,654 Conservation of natural resources ......................................................... County State Aid Highway Allotments .......................................... :. ..... Criminal justice ...................................................................................... 10,955 Debt service ............................................................................................. Enhanced 911 ......................................................................................... 124,938 Handgun permits .................................................................................... 20,475 Help America Vote Act ........................................................................... 11,273 Memorial forest ....................................................................................... Missing heirs ........................................................................................... 25,049 Probation ................................................................................................. 6,611 Recorder's equipment ............................................................................. 64,010 Sheriffs contingent fund ........................................................................ 3,386 Sheriffs forfeited property ..................................................................... 5,155 Technology .............................................................................................. 39,595 Timber development ............................................................................... Committed to Buildings ................................................................................................. 509,325 Capital improvements ............................................................................ 340,408 Citizens against violence ........................................................................ 2,385 Compensated absences ........................................................................... County forest roads ................................................................................ County parks ........................................................................................... 500,958 Criminal investigation ........................................................................... 10,000 Extension ................................................................................................ 2,535 Forfeited tax sales .................................................................................. Insurance ................................................................................................. 1,288,041 Landfill .................................................................................................... Out of home placement ........................................................................ Payments in lieu of taxes ....................................................................... Public transportation ............................................................................. Recycling ................................................................................................. Rural signing .......................................................................................... 55,466 Safe and sober program ......................................................................... 3,515 Solid waste collection ............................................................................. Solid waste disposal ............................................................................... Tax software development ..................................................................... 30 Technology .............................................................................................. Veterans transportation ......................................................................... 20,222 Assigned to Cash flows ............................................................................................... 3,022,403 Forfeited land .......................................................................................... Nursing service ....................................................................................... Unorganized townships .......................................................................... Unassigned ................................................................................................ 255,385 Total Fund Balances ..................................................................... $ Total Liabilities and FundBalanees, ...... .J;.....1. ................... $ Sneeial Revenue Funds $ 3,026,095 $ 2,996,006 34,669 32,895 41,647 15,145 1,844,144 160,534 214,941 Forfeited Tax Sale $ 1,109,475 539,822 Other Total Governmental Governmental Funds Funds $ $ 414,523 $ 8,559,456 84,885 1,372,926 1,860 168,475 57,415 57,415 317,701 5,748 386,088 11,136 539,822 25,810 4,132,662 24,268 2,147,090 160,534 148,105 148,105 $ 5,080,587 $ 3,285,489 $ 1,649,297 $ 367,779 $ $ $ 32,230 95,378 3,677 19,182 25,636 3,592 43,493 213 99,079 133,160 18,622 14,127 1,859,790 27,237 370,948 $ 1,973,530 $ 261,457 $ 511,377 $ 102,998 2,180 25,760 $ 130,938 $ 160,534 $ $ 1,266,313 1,680,210 459,782 400,000 400,000 190,000 100,000 1,474,250 137,892 582,567 4,160 336,577 48,078 28,646 6,323,774 $ 8,107,057 $ 3,024,032 $ 1,137,920 6,568,011 ....... --$ :-.;500,587+ $ 3,285,489 $ 1,649,297 236,841 $ 712,536 $17,683,709 $ 807 $ 103.805 6,606 214,658 2,050 126.861 43.493 4,276 275,335 20,978 72.124 197,138 2,537,128 $ 231,855 $ 3,373404 $ 16.204 84,885 151,747 127,210 51,865 47.601 1 169 480,681 712,536 $ 160,534 1,654 16,204 1,266,313 10.955 84,885 124,938 20,475 11,273 137,892 25.049 6,611 64,010 3,386 5,155 39,595 582,567 509.325 800.190 2.385 400,000 4.160 500,958 10.000 2,535 336,577 1,288,041 151,747 400,000 48.078 190,000 127,210 55,466 3,515 51,865 47,601 30 100,000 20,222 6,176,863 28.646 236,841 1.169 255.385 $ 14,310,305 $ 17,683,709 A SUMMARY OF GOVERNMENTAL FUNDS STATEMENT OF REVENUES AND EXPENDITURES Revenues Taxes ......................................................................................................... Special assessments ................................................................................. Licenses and permits ............................................................................... Intergovernmental ................................................................................... Charges for services ................................................................................. Fines and forfeitures ............................................................................... Investment earnings ................................................................................ Land and timber sales ............................................................................. Gifts and contributions ............................................................................ Miscellaneous ........................................................................................... Total Revenues ................................................................................. Expenditures Current General government .............................................................................. Public safety ........................................................................................... Highways and streets ............................................................................ Sanitation ............................................................................................... Human services ..................................................................................... Health .................................................................................................... Culture and recreation .......................................................................... Conservation of natural resources ........................................................ Economic development .......................................................................... Total Current .................................................................................... Debt service Principal retirement .............................................................................. Interest ................................................................................................... Total Debt Service ........................................................................... Capital outlay General government .............................................................................. Public safety ........................................................................................... Highways and streets ............................................................................ Culture and recreation .......................................................................... Total Capital Outlay ....................................................................... Total Expenditures .......................................................................... Excess of Revenues Over (Under) Expenditures .......................... Other Financing Sources (Uses) Transfers in .............................................................................................. Transfers out ............................................................................................ Total Other Financing Sources (Uses) ....................................... Net Change in Fund Balance .......................................................... Fund Balance - January 1 .................................................................... Increase (decrease) in inventories ..................................................... Fund Balance - December 31 ............................................................... General $ 2,369,424 12,065 1,472,279 695,964 8,247 203,047 445,429 $ 5,206,455 FOR THE YEAR ENDED DECEMBER 31, 2010 Snecial Revenue Funds  Forfeited Tax Sale $ 830,905 $ 826,730 $ $ 2,027 4,046,440 2,172,953 62,880 224,385 219,284 203,744 1,480,060 682,083 687 238,417 8,553 $ 5,097,316 $ 3,441,844 $ 755,543 35,452 $ 1,739,897 $ 2,392,423 2,305,175 40,000 321,289 516,222 17,300 $ 5,592,409 $ $ 141,910 --- 25,413 18,902 $ 5,778,634 $ (572,179) ,: $ 336,737 " $ 336,737 $ (235,442) 6,559,216 $ 6,323,774 $ 2,197,643 $ $ $ S 3,328,344 494,228 $ 2,197,643 $ 3,328,344 $ 494,228 $ $ $ $ $ $ $ $ $ 881,808 $ 881,808 $ $ - $ 3,079,451 $ 3,328,344 $ 494,228 $ 2,017,865 $ 113,500 $ 261,315 $ $ $ (63,349) (97,170) (164,729) $ (63,349) $ (97,170) $ 064,729) $ 1,954,516 $ 16,330 $ 96,586 1,146,807 3,007,702 1,041,334 5,734 , :: -. $ 3,107,057 $ 3,024,032 $ 1,137,920 1,832,931 $ 1,832,931 $ $ $ $ $ 1,832,931 $ (93,034) $ $ $ (93,034) 329,875 $ 236,841 Other Governmental Funds $ 23,582 512,327 400 218,236 10,994 3 5,200 5,410 $ 776,152 4,176 677,237 152,434 29,862 Total Governmental Funds $ 4,050,641 512.327 14,492 8,197,173 2,610,046 8,247 203.050 682,083 5,200 733,948 $17,017,207 $ 2,392,423 2,305,175 2.201.819 677,237 3,480,778 1.872,931 321,289 1,040,312 17.300 $ 863,709 $14,309,264 $ 20,000 $ 20,000 10,450 10,450 $ 30,450 $ 30,450 $ $ 141,910 25,413 881,808 18,902 $ $ 1,068,033 $ 894,159 $15,407,747 $ (118,007) $ 1,609,460 $ $ 336,737 (11,489) (336,737) $ (11,489) $ (129,496) $ 1,609,460 610,177 12,695,111 5,734 $ 480,681 $14,310,305 A SUMMARY OF PROPRIETARY FUNDS STATEMENT OF NET ASSETS CLEARWATER HEALTH SERVICES ENTERPRISE FUND DECEMBER 31, 2010 Assets Current Assets Accounts receivable- net of allowance for uncollectible accounts of $415,400 ..... $1,519,980 Third party payor settle- ments receivable ............ 144,182 Due from other govern- ments .............................. 109,329 Inventories ...................... 245,016 Prepaid items ................ 37,358 Total Current Assets $ 2,055,865 Restricted Assets Investments .............. : ....... $ 50,883 Noncurrent Assets Other assets .................... $ 288,248 Capital assets Non-depreciable ............ 55,675 Depreciable - net of ac- cumulated depreciation 843,623 Total Noncurrent Assets ......................... $1,187,546 Total Assets ............... $ 3,294,294 Current Liabilities Accounts payable ............ $ 411,352 Salaries payable .............. 182,269 Compensated absences payable ......................... 174,870 Due to other funds .......... 3,857,327 Capital leases payable .... 18,278 Total Current Liabilities ............... $ 4,644,096 Noncurrent Liabilities Capital leases payable .... $ 48,804 Other post employment benefits ......................... 46,174 Total Noncurrent Liabilities ................ $ 94,978 Total Liabilities .......... $ 4,739,074 Invested in capital assets, net of related debt ........... $ 832,216 Unrestricted ...................... (2,276,996) Total Net Assets ......... $(1,444,780) A SUMMARY OF FIDUCIARY FUNDS CHANGES IN NET ASSETS COUNTY-WIDE ECONOMIC DEVELOPMENT INVESTMENT TRUST FUND FOR THE YEAR ENDED DECEMBER 31, 2010 Investment earnings ....... $ 547 Net Assets - January 1 ..................... 24,501 Net Assets - December 31 ................ $ 25,048 A SUMMARY OF PROPRIETARY FUNDS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS CLEARWATER HEALTH SERVICES ENTERPRISE FUND FOR THE YEAR ENDED DECEMBER 31, 2010 Operating Revenues Charges for services: ......... $ 9,951,816 Miscellaneous .................... 389,583 Total Operating Revenues .................... $10,341,399 Operating Expenses Nursing services ................ $ 7,050,156 Administration and fiscal services ........................... 3,471,497 Interest  .............................. 5,917 Depreciation :....: ................ 215,934 Total Operating Expenses ......... , ........... $10,743,564 Operating Income (Loas)$ (402,155) Nonoperating Revenues (Expenses) Capital grants and contributions .................... $ 8,759 Gain on dispceal of capital assets ................... 400 Investment earnin ......... 211 Total Nonoperating Revenue (Expenses). $ 9,370 Income (Loss) Before Special Item .......... $ (392,785) Special Item Loss on termination of Contract for Deed ............ (522,315) Change in Net Assets ............... $ (915,100) Net Assets - January I.. (529,680) Net Assets - December 31 ................. , $(1,444,780) CLEARWATER HEALTH SERVICES FOR YEAR ENDED 12/31/10 Personnel Services: Net Payroll ....................... 2,769,785.91 Other Services. Chares. & Sunnlies 3M ........................................ 5,313.00 Alere North America, In ..... 18,830.08 American Express ............... 6,698.18 American Hospital Assoc .... 6,952.00 American Proficiency In ..... 6,916.67 Assurent .............................. 11,341.19 Assurant Employee Benef.. 13,175.35 Bagley Cooperative Oil ....... 7,830.61 Baxter Health Care Corp .... 18,564.46 Beckman Coulter Inc .......... 11,546.18 Bemidji Welders & Sup ...... 14,890.64 Bin-Red Laboratories In ..... 10,575.16 Bracco Diagnostics Inc ........ 5,969.15 Canon Financial Service ..... 6,011.60 Cardinal Health Pharm D.. 123,028.00 CWD Government Ine ......... 5,296.47 Central bin Diagnostic ....... 290,700.00 Clearbreok Electric ............. 10,426.07 Clearwater Co Hosp ............ 12,308.57 Clemensen Matthew ........... 6,840.00 Continued on next page ....